---
schema_version: "secwatch.filing_event.v1"
accession: "0001319161-22-000033"
form_type: "8-K"
ticker: "WMG"
cik: "0001319161"
company_name: "Warner Music Group Corp."
filed_at: "2022-11-22T23:59:59+00:00"
generated_at: "2026-06-21T13:53:00.299919+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Warner Music Group Q4 net income $150M, revenue up 9%; names Robert Kyncl as next CEO

## Summary
- Q4 revenue $1,497M (+9% YoY, +16% constant currency); net income $150M vs $30M.
- Q4 adjusted OIBDA $265M (+22%); adjusted EBITDA $276M (+16%); operating cash flow $406M (+78%).
- Full-year revenue $5,919M (+12%); net income $555M (+81%); adjusted OIBDA $1,149M (+13%).
- Music Publishing revenue up 24% in Q4 and 26% for FY; digital revenue up 7% (12% constant currency) in Q4.
- CEO Steve Cooper announces Robert Kyncl will join as new CEO next year.

## SEC filing metadata
- accession: 0001319161-22-000033
- form_type: 8-K
- ticker: WMG
- cik: 0001319161
- company_name: Warner Music Group Corp.
- filed_at: 2022-11-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1319161/000131916122000033/0001319161-22-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1319161/000131916122000033/wmg-20221122.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001319161-22-000033
- JSON: https://secwatch.observer/filing/0001319161-22-000033.json
- Plain text: https://secwatch.observer/filing/0001319161-22-000033.txt

## Key facts
- Earnings Releases
  Warner Music Group Corp. reported the three months ended September 30, 2022 results: revenue $ 1,497, net income $150 million.
  - Period: the three months ended September 30, 2022
  - Revenue: $ 1,497
  - Net income: $150 million
  - Result: reported results
  source text: 30, 2021 % Change For the Twelve Months Ended September 30, 2022 For the Twelve Months Ended September 30, 2021 % Change (unaudited) (unaudited) (audited) (audited) Revenue $ 1,497 $ 1,376 9 % $ 5,919 $ 5,301 12 % Recorded Music revenue 1,244 1,172 6 % 4,966 4,544 9 % Music Publishing revenue 254 205 24 % 958 761 26 % Digital revenue 989 926 7 % 3,866 3,539
  evidence_url: https://www.sec.gov/Archives/edgar/data/1319161/000131916122000033/0001319161-22-000033-index.htm
- Earnings Releases
  Warner Music Group Corp. reported the twelve months ended September 30, 2022 results: revenue $ 5,919, net income $555 million.
  - Period: the twelve months ended September 30, 2022
  - Revenue: $ 5,919
  - Net income: $555 million
  - Result: reported results
  source text: For the Twelve Months Ended September 30, 2022 For the Twelve Months Ended September 30, 2021 % Change (unaudited) (unaudited) (audited) (audited) Revenue $ 1,497 $ 1,376 9 % $ 5,919 $ 5,301 12 % Recorded Music revenue 1,244 1,172 6 % 4,966 4,544 9 % Music Publishing revenue 254 205 24 % 958 761 26 % Digital revenue 989 926 7 % 3,866 3,539 9 % Operating income
  evidence_url: https://www.sec.gov/Archives/edgar/data/1319161/000131916122000033/0001319161-22-000033-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.